Back Office Administrator

The Volvo Group is one of the world's leading manufacturers of trucks, buses and construction equipment, drives systems for marine and industrial applications, and is the world's leading producer of heavy-diesel engines.
Group Treasury & Corporate Finance has the global responsibility to provide efficient and effective financial infrastructure, capital management and capital structure, funding of Group operations, non-life insurance coverage, pension debt related asset management and external financial institution relationships within the financial area for the Volvo Group.
Position description
As a member of the Back Office team at Group Treasury, your contribution focuses directly on the Group Treasury & Corporate Finance mission to secure the Volvo Group’s global payment capability.
This position performs a vital role in making sure that financial obligations of Group Treasury are met through the management of daily liquidity and forecasting activities with the Volvo Group financial infrastructure. This includes cost efficient internal netting structures, the execution and monitoring of cash transactions arising from FX, interest rate swaps, derivatives and loan positions.
Back Office is primarily an operational department with daily deliveries, but a successful candidate must be a self-starter who can operate and make decisions without management oversight and will be tasked with defining and improving cost efficient delivery platforms, operations, processes and the use of new technologies. The position works closely with all departments within the Treasury organization, Volvo Group companies, banks and other financial institutions.
Back Office is a global function and the team has colleagues in Sweden, USA, Singapore and Brazil. The position is based out of Greensboro, North Carolina.
Main Activities and Responsibilities
  • Responsible for managing day-to-day cash management operations in multiple countries and currencies.

  • Recommend and implement improvements in cash management and cash pools both regionally and globally.

  • Ensure the financial obligations of the Volvo Group are met arising from multi-currency cross-border loans, interest rate and foreign exchange derivatives and swaps.

  • Responsible for monitoring cash transactions with Volvo companies and banks and ensure transactions comply with Volvo policy including cash balances and anti-money laundering/fraud.

  • Manage and resolve bank fee discrepancies and ongoing bank relationships both regionally and globally.

  • Be the subject matter expert to identify, evaluate and educate the different departments within Volvo companies on cash forecasting, liquidity and to minimize forecasting variances.

  • Manage incoming wire transfers and outgoing wire transfers, both cross border and local

  • Supervise and coordinate banking activities within cash pools.

  • Coordinate and settle Netting Center activities locally and globally as part of the Volvo Group financial Infrastructure.

  • Manage compliance with banks in relations to Dodd Frank Act regulations.

  • Drive global projects relating to payment systems.

Qualifications and competences
Position requires a committed, self-starting, positive team player who has the ability to work towards daily deadlines as well as longer-term deliverables and you are proficient in handling multiple responsibilities with a strong sense of responsibility. Candidate must have strong organizational skills with attention to detail, and the ability to prioritize work effectively in a demanding environment without day-to-day supervision while being adaptable to change and striving towards continuous improvement of processes using new technologies and systems. Must have excellent communication and interpersonal skills both verbal and written. With growth and experience, more local and global responsibilities and project related tasks will be assigned.
  • BA/BS degree in Finance/Business Administration
  • Three to five years of financial markets and products experience a plus
  • Fluent in English
  • Fluent in Portuguese preferred
  • High level of integrity and ethics
  • Experience from liquidity and forecast administration
  • Experience from payment processing

About Us

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines under the leading brands Volvo, Renault Trucks, Mack, UD Trucks, Eicher, SDLG, Terex Trucks, Prevost, Nova Bus, UD Bus and Volvo Penta.

Volvo Group Finance contributes to realizing the vision of the Volvo Group by developing and providing a wide range of expert services from financial planning to accounting, business controlling, M&As, real estate services, financial reporting and investor relations. With Volvo Group Finance you will be part of a global and diverse team of highly skilled professionals who work with passion, trust each other and embrace change to stay ahead. We make our customers win.

Volvo Group North America is an Equal Opportunity Employer
We Participate in E-verify

We want to get to know you

Application Process


An email confirmation will be sent as soon as you submit your application. After this, it is still possible to update your personal profile.


If selected for an interview, you will be contacted with information about the following process steps: second interview, assessments and references.


All candidates will be notified when a final candidate is selected for the job. You can choose for us to keep your resume in our database and activate a search agent that will look for other jobs that match your profile.


When you begin your employment, you will receive an introduction to help you quickly become part of the team and start working with your tasks in the best possible way.


Similar Jobs